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Listing by Austin Cope Colliers
$ 7,900,000
Est. payment | /mo
8,400 SqFt
$ 7,900,000
Est. payment | /mo
8,400 SqFt
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 8,400 sqft
Price per Sqft $940
MLS Listing ID 979231
HOA Y/N No
Annual Tax Amount $110,896
Tax Year 2024
Lot Size 3.900 Acres
Acres 3.9
Property Sub-Type Unimproved Land
Property Description
Under Court Ordered Sale, Colliers is pleased to present the opportunity to acquire 3221 Heatherbell Road, Colwood, B.C. The property is an exceptionally well-located 3.90-acre waterfront development site, with an existing two-storey commercial heritage building also included. The heritage building, known as the Pendray House, is presently vacant. Highlights include: +/- 3.90-acre development site in the City of Colwood, offering a rare oceanfront location providing luxurious waterfront community living. Area 4 previously had a development permit for two six-storey residential buildings consisting of 62 units. Nearby amenities are abundant within a short driving distance, including Royal Roads University, Royal Bay, and the Beachlands. Delivered with zoning in place, thereby limiting entitlement risk. Flexible zoning for residential, hotel, retail, office, restaurant, and/or a senior care facility.
Location
Province BC
County Capital Regional District
Community Co Lagoon
Area Colwood
Zoning CD15
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N false
Street Surface Paved
Garage No
Others
Ownership Freehold
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